My general sentiment has been bullish for some time (see my previous posts as well as YT video).
Still, I have a feeling that the bulls are exhausted:
In this context, I see BTC retesting lower levels in the coming days before eventually rallying to $12k by March.
Still, I have a feeling that the bulls are exhausted:
- Many alts have stopped growing for some days
- We see BTC has bearish divergence in terms of volume
- $11k is a critical resistance level, as it is the 1.618x of the neckline (I already mentioned it in my previous post)
In this context, I see BTC retesting lower levels in the coming days before eventually rallying to $12k by March.
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Indeed pulled back
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on the hourly, we have seen 12345. let's see if we have completed this correction.
in any case, to say it's going to "2k" is like saying it's going to "-2k" or "-1million".
in any case, to say it's going to "2k" is like saying it's going to "-2k" or "-1million".
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Should I start posting it's going to $ZERO$ in order to get more views?
Seems the TV crowd loves sensational posts.
Seems the TV crowd loves sensational posts.
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seems to be a small rising wedge in the <1h time frame.
BTC is probably going to trade in range & accumulate
BTC is probably going to trade in range & accumulate
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may have fallen out of the rising wedge. Will this be the "C" leg of the correction? Or is it just normal range-trading?
10k is possibly the key: if we never touch it, it's just range-trading & accumulation. if we cross 10k, possibly 9.5 will be the bottom of this correction, and it'll take longer to retest 11k
10k is possibly the key: if we never touch it, it's just range-trading & accumulation. if we cross 10k, possibly 9.5 will be the bottom of this correction, and it'll take longer to retest 11k
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Appears that the range is indeed above 10k. Probably will break out this week
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Very tiny rising wedge visible only on very-short time frames (5min)
I think 10.5k will be the new, higher low
Decidedly bullish but breakout isn't guaranteed today
I think 10.5k will be the new, higher low
Decidedly bullish but breakout isn't guaranteed today
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another rising wedge, this time visible on 15min
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ASCENDING TRIANGLE
the market seems determined for breakout
the market seems determined for breakout